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Lake Providence by Del Webb 2015 Spring Market Report

Lake Providence by Del Webb 2015 Spring Market Report

Lake Providence by Del Webb

The Lake Providence neighborhood in Mount Juliet has seen some huge changes these past few months. Pulte has sold their remaining lots and the final homes are being built. In a few more months, the neighborhood will show no signs of the builder.

 

Lake Providence by Del Webb

 

 

The following chart shows the first quarter 2015 sales compared to those of the 2014 first quarter. It also reflects the average sales prices and average sales price/square foot.

 

 

 

  # Sales Average Sales Price Sales Price/ square foot
2014 44 $334,025 $158
2015 24 $352,250 $172
% Change -45% 5% 9%

 

 There are currently 17 homes for sale with an average asking price of 341,667. Of the 17, 6 have home inspection contingencies.

Lake Providence by Del Webb

Lake Providence was started in 2007 in Mount Juliet Tennessee. Just 8 years later the neighborhood is almost complete with over 1000 homes.

We are hoping that Del Webb will locate another piece of property in Middle Tennessee to start another neighborhood. In the meantime, buyers my satisfy themselves with the resale market.

 

 

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Connie Harveyis a local agent with Pilkerton Realtors, serving home buyers and sellers in Nashville, TN, Brentwood TN, and Franklin TN. Let her help you realize your Real Estate goals. She can be reached at 615-371-2474.


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Comment balloon 2 commentsConnie Harvey • April 30 2015 01:32PM

Comments

Hi Connie.  To sell 1000 homes over the last eight years in this market is very impressive.

Posted by Conrad Allen, Webster, Ma, Realtor (Re/Max Professional Associates) over 3 years ago

Conrad - Del Webb never slowed down during the recession.

Posted by Connie Harvey, Realtor - Nashville TN Real Estate (Pilkerton Realtors) over 3 years ago

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